The Asia Investor Group on Climate Change (AIGCC) will host a forum as part of the P4G Global Summit Seoul featuring contributions from some of the region’s largest institutional investors about what asset owners and managers can do to address climate change and help accelerate the transition to net zero emissions.

The forum will feature contributions from senior executives including:

  • Chief Executive Officer of Hanwha Asset Management, Yong Hyun Kim;
  • Chief Executive Officer of Asset Management One, Akira Sugano;
  • Chief Executive Officer of the Investment Fund for Developing Countries (IFU), Torben Huss;
  • Chief Strategy & Sustainability Officer of Shinhan Financial Group, Sung-Hyun Park;
  • Chief Responsible Investment Officer, Amundi Asset Management Asia, Yasunori Iwanaga
  • Global Head of Investment Stewardship of BlackRock, Sandra Boss; and
  • Global Director of P4G, Ian de Cruz.

The AIGCC forum at P4G will focus on global and regional investor progress on climate action including implementing net zero commitments and catalysing private sector capital via new investment vehicles and partnerships. It will also highlight the leadership and opportunities that can be realised in the South Korean market and the regional implications of these actions. The event will also include the Asia launch of the Investor Climate Action Plans (ICAPs) Guidance Framework.

The P4G Global Summit will bring together governments, businesses, investors and civil society leaders in Seoul to share ambitious climate action goals, inspire deeper commitments from both the public and the private sectors, and foster partnerships to deliver tangible development and climate action heading towards COP26 in Glasgow.

AIGCC is hosting the forum on behalf of The Investor Agenda, a common global leadership agenda focused on accelerating investor action for a net zero emissions economy that is coordinated by seven global investor networks.

Media and other stakeholders are welcome to attend the AIGCC event in person at the JW Marriot Dongdaemun in Seoul or online from 3PM to 6PM Korean Standard Time on May 31.

AIGCC Executive Director, Rebecca Mikula-Wright, said: “The P4G Summit is a critical moment for Asia to accelerate public and private sector cooperation on achieving the goals of the Paris Agreement to limit global warming to 1.5°C.

“The AIGCC forum will offer key insights into the action investors are taking and can further take to address climate change risk and ensure they are well positioned to seize the enormous opportunities of the net zero transition.

“The net zero transition in Asia will be the defining investment trend of this century. AIGCC’s research has found achieving the Paris goals will create a $37 trillion investment opportunity in the Asian energy sector alone to 2050.”